Harry it's all about the difference between capital spending and revenue spending. Long-term capital investment is one thing, but day-to-day running costs come from a completely different budget. Local authorities can commit huge sums to long-term capital projects because they can be confident that there will be an adequate return on the investment.
Day-to-day running costs are entirely different. The spending does not generate any future revenue. And at the root of the problem is that local authorities are faced with spiraling costs for social care, which is a mandatory area of spending. That, in a nutshell, is why our parks and children's playgrounds are run down, we have fewer public toilets, libraries are closed or rely on volunteers, the pavements are badly maintained, the roads are full of potholes and there is litter everywhere. It's called austerity, and we voted for it.